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Best Buy Co (XSWX:BBY) Cyclically Adjusted PS Ratio : (As of Jun. 04, 2024)


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What is Best Buy Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Best Buy Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Best Buy Co Cyclically Adjusted PS Ratio Chart

Best Buy Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.75 0.62 0.50 0.39

Best Buy Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.46 0.36 0.39 0.39

Competitive Comparison of Best Buy Co's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Best Buy Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Best Buy Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Cyclically Adjusted PS Ratio falls into.



Best Buy Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Best Buy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Best Buy Co's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=30.046/131.7762*131.7762
=30.046

Current CPI (Apr. 2024) = 131.7762.

Best Buy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 21.563 100.520 28.268
201410 24.310 100.176 31.979
201501 37.595 98.604 50.243
201504 22.963 99.824 30.313
201507 23.006 100.691 30.108
201510 24.478 100.346 32.145
201601 40.160 99.957 52.944
201604 24.897 100.947 32.501
201607 25.977 101.524 33.718
201610 27.607 101.988 35.670
201701 42.500 102.456 54.662
201704 27.097 103.167 34.611
201707 27.625 103.278 35.248
201710 29.971 104.070 37.950
201801 49.746 104.578 62.684
201804 30.607 105.708 38.155
201807 32.888 106.324 40.761
201810 34.130 106.695 42.153
201901 53.423 106.200 66.289
201904 33.955 107.818 41.500
201907 35.166 108.250 42.809
201910 36.189 108.577 43.921
202001 55.006 108.841 66.597
202004 31.002 108.173 37.766
202007 34.500 109.318 41.588
202010 40.366 109.861 48.418
202101 56.042 110.364 66.915
202104 40.039 112.673 46.827
202107 40.573 115.183 46.418
202110 41.018 116.696 46.319
202201 56.141 118.619 62.368
202204 37.554 121.978 40.571
202207 37.400 125.002 39.427
202210 39.315 125.734 41.204
202301 50.824 126.223 53.060
202304 31.749 127.992 32.688
202307 31.201 128.974 31.879
202310 32.900 129.810 33.398
202401 46.964 130.124 47.560
202404 30.046 131.776 30.046

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Best Buy Co  (XSWX:BBY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Best Buy Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Best Buy Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Best Buy Co (XSWX:BBY) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (XSWX:BBY) Headlines

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